Corporate news

A group of supporters of the trial shows banners reading "unjust sentence" in front of Tokyo District Court in Tokyo Thursday, Sept. 19, 2019. The court on Thursday ruled that three former executives for Tokyo Electric Power Company were not guilty of professional negligence in the 2011 Fukushima meltdown. It was the only criminal trial in the nuclear disaster that has kept tens of thousands of residents away from their homes because of lingering radiation contamination. (Satoru Yonemaru/Kyodo News via AP)
September 19, 2019 - 10:10 am
TOKYO (AP) — A Japanese court ruled Thursday that three former executives of Tokyo Electric Power Company were not guilty of professional negligence in the 2011 disaster at the Fukushima nuclear power plant because ensuring absolute safety at nuclear plants was not a government requirement at that...
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A worker gives the thumbs-up gesture to a passing motorist as he demonstratives outside a General Motors facility in Langhorne, Pa., Tuesday, Sept. 17, 2019. More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike. (AP Photo/Matt Rourke)
September 18, 2019 - 4:47 pm
ROMULUS, Mich. (AP) — The strike against General Motors by the United Auto Workers is playing out amid a corruption scandal inside the UAW that has caused distrust of the union leadership among many rank-and-file members. On picket lines at plants across the country, many of the 49,000 workers have...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Sept. 18, the Federal Reserve releases its latest monetary policy statement. (AP Photo/Manuel Balce Ceneta, File)
September 18, 2019 - 2:49 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:40 p.m. President Donald Trump blasted the Federal Reserve Chair Jerome Powell as a "terrible communicator," after the U.S. central bank's rate cut was less generous than what Trump wanted. "Jay...
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September 18, 2019 - 12:50 pm
LANSING, Mich. (AP) — Michigan has joined New York in banning the sale of flavored e-cigarettes as federal health officials investigate the cause of hundreds of serious breathing illnesses in people who have used vaping devices. The Michigan Department of Health and Human Services released details...
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File -- In this Friday, May 17, 2019 photo a training ship for Saudi Arabia's border guard is pictured at the Peene shipyard in Wolgast, northern Germany. The German government extended the export ban on military equipment for Saudia Arabia until March 31, 2020. (Stefan Sauer/dpa via AP, file)
September 18, 2019 - 10:15 am
BERLIN (AP) — Germany has extended its ban on defense industry exports to Saudi Arabia for another six months, despite some calls for it to be relaxed in the wake of the recent attacks on the country's oil production facilities. The government said Wednesday the ban had been extended for six months...
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Democratic presidential candidate U.S. Sen. Bernie Sanders arrives onstage at the "Workers' Presidential Summit" at the Convention Center in Philadelphia Tuesday, Sept. 17, 2019. The Philadelphia Council of the AFL-CIO hosted the event. (Tom Gralish/The Philadelphia Inquirer via AP)
September 17, 2019 - 9:38 pm
PHILADELPHIA (AP) — The high-stakes fight for working-class voters moved to Pennsylvania on Tuesday as a slate of Democratic White House hopefuls vowed to use the power of the presidency to crack down on corporate America and strengthen organized labor. But beneath all the agreement at the AFL-CIO...
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FILE - In this June 25, 2019, file photo a FedEx delivery truck is loaded by an employee on the street in downtown Cincinnati. FedEx reports financial results Tuesday, Sept. 17. (AP Photo/John Minchillo, File)
September 17, 2019 - 5:24 pm
MEMPHIS, Tenn. (AP) — Profit at FedEx fell 11% in its fiscal first quarter, as the package delivery company was buffeted by slower economic growth and the loss of business from retail giant Amazon. The results fell short of Wall Street expectations, and the company lowered its forecast of earnings...
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FILE - This May 8, 2007, file photo shows the Purdue Pharma logo at its offices in Stamford, Conn. (AP Photo/Douglas Healey, File)
September 17, 2019 - 5:24 pm
WHITE PLAINS, N.Y. (AP) — A judge cleared the way Tuesday for OxyContin maker Purdue Pharma to stay in business while it pursues bankruptcy protection and settlement of more than 2,600 lawsuits filed against it in a reckoning over the opioid crisis. At the first court hearing since the Chapter 11...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq, in New York. WeWork is delaying its IPO, saying it now expects the offering to be completed by the end of the year. The office-sharing company is hoping to restore investor confidence amid doubts about its ability to make money and decisions that’ve raised concerns about its CEO. (AP Photo/Mark Lennihan, File)
September 17, 2019 - 2:01 pm
NEW YORK (AP) — WeWork's parent company put its stock market debut on the backburner Tuesday, struggling to drum up investor enthusiasm for a fast-growing enterprise that spread trendy communal office spaces across the globe while piling up massive losses and drawing concerns about its CEO's...
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September 17, 2019 - 10:24 am
NEW YORK (AP) — Comcast's NBCUniversal says its upcoming streaming service will be called Peacock, in an homage to NBC's logo, and will be the home for some of the company's most popular shows, including "Parks and Recreation," ''The Office" and "30 Rock." That means "Parks and Rec" will be leaving...
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